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Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
6.8.2023
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows...
Russia Recognizes Digital Currencies of Other Nations
6.8.2023
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...
Venezuela Presents Official Request to Join BRICS
5.8.2023
The government of Venezuela formalized its proposal to be part of BRICS, a geopolitical and economic bloc comprised of Brazil, Russia, India, China, and South Africa. Venezuelan President Nicolas Maduro explained that he hoped for a positive reception of the proposal by the nations that are part...
Economist Peter Schiff Warns US Dollar Collapse ‘Inevitable’
5.8.2023
Economist Peter Schiff has warned of an impending collapse of the U.S. dollar even though he sees Fitch’s downgrade of the U.S. rating this week as “meaningless.” While cautioning about a financial crisis and a crash, Schiff emphasized: “Given the trajectory of U.S....
CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
4.8.2023
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide
DOJ Demands Revocation of Bankman-Fried’s Bail, Wants Him Confined in Metropolitan Detention Center for Trial
4.8.2023
After accusations against the disgraced FTX co-founder, Sam Bankman-Fried, for allegedly meddling with a witness by providing the New York Times with excerpts from former Alameda Research CEO Caroline Ellison’s private journal, the legal team representing Bankman-Fried countered by insisting...
US lawmakers urge White House to address North Korea's use of digital assets: Report
4.8.2023
Senator Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July
Germany is dragging Europe’s economy down — and that’s great for crypto
4.8.2023
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies
WorldCoin to Open its ID System for Government and Private Companies: Report
3.8.2023
Sam Altman co-founded tech firm WorldCoin is extending its reach by enabling governments and private businesses to leverage its controversial iris-scanning and identity-verification technology, Reuters reported.
WorldCoin continues to attract regulatory scrutiny for its tech that is being used...
Kenyan Government Says It Has ‘Suspended’ Worldcoin Activities
3.8.2023
The Kenyan interior ministry said on Aug.2 that Worldcoin’s activities in the country have been “suspended” in order to give government agencies an opportunity to assess the cryptocurrency project’s potential risks to public safety. The country’s interior minister...
Hong Kong debuts retail crypto trading with HashKey exchange
3.8.2023
HashKey becomes one of the first licensed exchanges to offer cryptocurrency trading for non-professional investors in Hong Kong
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
2.8.2023
A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework
Worldcoin to allow government and businesses to use ID system: Report
2.8.2023
New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology
Worldcoin cryptocurrency project suspended in Kenya
2.8.2023
Kenyan authorities want to ensure that Worldcoin poses no risks to the security of citizens before it allows the project to gather iris data
Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns
2.8.2023
Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations
Fitch Downgrades US Government’s Debt Rating – Does This Boost Crypto’s Use-case?
2.8.2023
In a surprise move, global rating agency Fitch downgraded the US government’s credit rating from AAA to AA+ on Tuesday.
In a report released on its website, the ratings agency cited expected fiscal deterioration over the coming three years, a high and growing government debt burden and “erosion...
Ukraine demands local crypto businesses to provide financials
1.8.2023
Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said
Republican candidate wants to end President Biden's supposed 'war on Bitcoin' if elected
31.7.2023
“As president, on day one, CBDC goes into the trash can — we’re not going to allow it," said Ron DeSantis at a New Hampshire campaign event
German government watchdog launched Worldcoin probe in November 2022: Report
31.7.2023
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin's data collection methods, which involve collecting iris scans from users
Japan Blockchain Association Urges Tokyo to Overhaul Crypto Tax System
31.7.2023
An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using...